NextDecade has made a positive final investment decision (FID) on the Rio Grande LNG expansion project (T4) and issued full notice to proceed to Bechtel for starting the train’s construction work.
NextDecade has made a positive final investment decision (FID) on the Rio Grande LNG expansion project (T4) and issued full notice to proceed to Bechtel for starting the train’s construction work.
According to the
Global LNG Database®, NextDecade has recently struck a $3 billion investor partnership agreement with TotalEnergies and Global Infrastructure Partners (GIP) for the 6 MMT/Y fourth liquefaction train at its Rio Grande LNG export project.
The US FERC have given environmental approval for the project.
The operator has also completed commercialization of the project’s Train 5 with signing a deal to supply 1 MMT/Y of LNG from the train to ConocoPhillips as it continues to “progress” Train 5 toward an expected FID in the fourth quarter of 2025.
NextDecade has already finalized a refreshed Engineering, Procurement and Construction (EPC) contract with Bechtel for Train 4 and signed a new EPC agreement for Train 5.
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